Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.

LendingClub Sees Traction Building ‘Lifetime Lending Relationships’
LendingClub Sees Traction Building ‘Lifetime Lending Relationships’
July 30, 2024  |  Earnings

LendingClub’s latest results noted growth in loan originations, a surge in repeat business — and cross-pollination efforts that management said reflect the ability to deepen,...

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Starbucks’ Mobile Outage Compounds Financial Woes as Q3 Sales Decline
Starbucks’ Mobile Outage Compounds Financial Woes as Q3 Sales Decline
July 30, 2024  |  Earnings

Some Starbucks customers faced a disruption on Tuesday (July 30) as the company’s mobile ordering system failed for the second time this month. The outage,...

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Western Union’s Digital Surge Offsets In-Store Decline
Western Union’s Digital Surge Offsets In-Store Decline
July 30, 2024  |  Earnings

The digital transformation of Western Union continues with the money-transfer company posting double-digit growth in global mobile and online transactions for the second quarter, despite...

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Procter & Gamble Records 4% Organic Sales Growth
Procter & Gamble Records 4% Organic Sales Growth
July 30, 2024  |  Earnings

Procter & Gamble announced a 4% organic sales growth for fiscal year 2024, continuing a streak of six consecutive years with at least a 4%...

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JetBlue Focuses on Leisure Routes on Road to Restore Profits
JetBlue Focuses on Leisure Routes on Road to Restore Profits
July 30, 2024  |  Earnings

JetBlue is focusing on its East Coast leisure routes as it works to return to profitability. The airline released quarterly earnings Tuesday (July 30) showing a $25 million...

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PayPal Boosts Revenue Forecasts With New Small Business Features and Apple Pay Integration
PayPal Boosts Revenue Forecasts With New Small Business Features and Apple Pay Integration
July 30, 2024  |  Earnings

If the global consumer is showing signs of cutting spending, PayPal didn’t get that email. The digital payments and peer-to-peer platform on Tuesday (July 30)...

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SoFi Wants Tech Platform to Be AWS of Financial Services
SoFi Wants Tech Platform to Be AWS of Financial Services
July 30, 2024  |  Earnings

SoFi Technologies’ leadership wants the company to become the “Amazon Web Services” (AWS) of FinTech. What that means is a lot of investment into technology...

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McDonald’s Sees ‘Trade Down’ as Paycheck-to-Paycheck Pressures Rise
McDonald’s Sees ‘Trade Down’ as Paycheck-to-Paycheck Pressures Rise
July 29, 2024  |  Earnings

McDonald’s sales fell for the first time since 2020 as lower-income consumers stayed home. The fast food giant released quarterly earnings Monday (July 29) showing a 1% dip...

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Spotify Shifts From One-Size-Fits-All to Customized Subscription Plans
Spotify Shifts From One-Size-Fits-All to Customized Subscription Plans
July 26, 2024  |  Earnings

Spotify Founder and CEO Daniel Ek believes the company’s approach to flexibility for its customers is a key success factor. Second-quarter earnings, reported on Tuesday...

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